ELIs off to a slow start


Hong Kong’s new listed equity-linked instruments (ELI) market got off to a sluggish start in its first week of trading, with just three issuers entering the market. But more houses are expected to follow in the next few weeks as retail investors become more familiar with the product, traders say.

The first entrants into the market, listing six ELIs between them on the August 5 launch date, were Credit Suisse First Boston (CSFB), Belgium’s KBC Financial Products and SG, part of French

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